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6 hours ago · WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.31/bbl, an increase of 6.51% in the last 24 hours. Year to date ...
17 hours ago · Brent crude oil prices climbed to 74.55 USD per barrel by Wednesday, marking a significant increase driven by escalating geopolitical tensions in the Middle East. The previous session saw prices ...
17 hours ago · Oil prices rose as much as 3% Wednesday before paring gains amid worries of supply disruptions stemming from the Middle East conflict. ... gained slightly to trade just above $70 per barrel at 12 ...
- 6 min
- Ines Ferré
4 hours ago · Despite the recent bump, oil prices remain far cheaper than they were this summer, with Brent down 14% from its July peak, and far lower than the more than $100 per barrel it stood for much of ...
17 hours ago · Brent futures leapt $1, or 1.36%, to $74.56 a barrel, while US West Texas Intermediate (WTI) crude spiked $1.07, or 1.53%, to $70.9 at 0330 GMT. During trading on Tuesday, both crude benchmarks surged more than 5%. Keep updated, follow The Business Standard's Google news channel. Oil markets were largely focusing on the narrative of a weakening ...
17 hours ago · The oil prices were seen rising to hit $71.38 per barrel in March 2021, marking the highest since the beginning of the pandemic in January 2020. [116] The oil price rise followed a missile drone attack on Saudi Arabia's Aramco oil facility by Yemen’s Houthi rebels. [117] The United States said it was committed to defending Saudi Arabia. [118]
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2 hours ago · The equivalent of almost 27 million barrels of Brent December $100 calls traded by 11:20 am in New York while more than 7 million barrels worth of US crude December calls changed hands. The flows were likely a mix of buying and selling, people involved in the market said.